While working for Morgan Grenfell, Young used money from small investors in a series of banned, high-risk investments. Shell companies in Luxembourg were reportedly used to hide the fraud. The prosecution said he could not be convicted because he had been diagnosed schizophrenic.
While working for Morgan Grenfell, Young used money from small investors in a series of banned, high-risk investments. Shell companies in Luxembourg were reportedly used to hide the fraud. The prosecution said he could not be convicted because he had been diagnosed schizophrenic.
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